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In 2023, SKF resolved to invest SEK 3 billion in achieving the goal of decarbonising its own operating side by 2030, announcing a ban on the use of any fossil fuels and plans to replace existing fossil fuels by 2029 with renewable or approved non-fossil energy sources.

Since its establishment, Goldtek has been focusing on the R&D, production and sales of precision mechanical parts, and has formed two business segments, namely, bearing cages and automotive precision parts.

With the continuous improvement of its local R&D and innovation capabilities, the company will deeply integrate into the Chinese market and contribute to the development of the industry in the fields of electrification, intelligence and digitalisation.

In June this year, Tosyali Turkey 1800mm hot rolling project constructed by Sinosteel equipment was officially put into production.

Main As the core key components, the bearings work in underground tunnels for a long time, and their reliability and safety requirements are extremely high. Once a failure occurs, it is difficult to dismantle and replace them, which will lead to construction paralysis and cause huge losses. In the past, due to the lack of test and application data support, it is difficult to effectively verify the reliability of the product, and it is difficult to promote the engineering application.

In recent years, Lingbi County to seize the Yangtze River Delta regional integration and development, northern Anhui to undertake industrial transfer agglomeration area construction, the county's new urbanisation to make up for the shortcomings and strengthen the weakness of the demonstration of the construction of major national strategies, anchored in bearing characteristics of the industry as the leader of the main direction of the development of intelligent equipment manufacturing industrial clusters, and strive to build a high-quality bearings in the country has an important influence on the production base.

A total of 36 award-winning projects were selected, and the "Innovative System and Key Technology Development and Application of Guided Rubber Wheel System (Yumba)", which was developed by BYD and participated by relevant units, won the first prize of the 2022 China Urban Railway Transportation Association's "Scientific and Technological Progress Award for Urban Railway Transportation".

Zhejiang Geely Holding Group is one of the world's top 500 enterprises, and its Geely Automobile Group is a leading global automobile manufacturer integrating the design, research and development, production, sales and service of complete automobiles, powertrain assemblies and key components, with strong basic research and development capabilities and market competitiveness.

Ltd. said that Jinchuang Group is a leading enterprise and listed company in the global rail transit supporting equipment industry, with advanced technology and strong strength in equipment manufacturing.